Pensions & Superannuation

With life expectancy increasing with healthier lifestyles and more effective medication, it is more important than ever to ensure that you have put aside enough for a comfortable lifestyle when you retire.  Many people understand the need to save but they often fail to prepare properly by taking into account inflation rates. Clearly, if you live for 25 years after retiring your cash requirements will vary enormously as the years progress

 Where an Expatriate does not plan to return to their home country to retire it may well be advisable for them to consider taking control of their pension in an offshore savings plan and they may also wish to bring their existing pensions 'offshore' under the auspices of a QROPS (Qualified Recognised Overseas Pension Scheme  ) or a SIPP (Self Invested Pension Scheme).

Being an Expatriate gives you a chance to 'self manage' your pension and that in turn gives you a greater potential for higher returns for your old age. It is never too early to start building your capital for later use and with an offshore pension you can make your own decisions on how you ultimately use it. 

 

Take this opportunity to calculate your needs by using our on-line Pension Calculator